This Act provides that an original grantee and his or hers heirs and assigns who hold land in Seychelles under a deed of concession granted by the Crown before this Act shall be deemed to hold such land in full legal ownership as if under such deed of concession and said full legal ownership of the land had been transferred by the Republic for valuable consideration without any of terms and conditions. This rule shall also apply to and to any person deriving title from such original grantee or his heirs or original assigns.
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